News And Announcements
Oaktree Capital calls on Indivior to refresh board of directors
Investment fund Oaktree Capital Management has written to Indivior urging the opioid addiction treatment maker to refresh its board with directors "committed to taking all steps necessary to improve shareholder value".
Boohoo hits back, accuses Frasers of promoting own 'self-interest'
Boohoo hit back at Frasers Group on Thursday, accusing the retail company of promoting its own "self-interest" at the expense of other shareholders.
Urban Logistics delivers solid first half as rental income rises
Warehouse-focused real estate investment trust Urban Logistics has delivered a solid set of results for its first half, during which it refinanced debt facilities and delivered an increase in both rental income and adjusted profits.
Moderna numbers beat expectations, shares jump
Shares in Moderna rallied on Thursday after third-quarter revenues at the US biotech, best known for its Covid-19 vaccine, smashed expectations.
Consumer credit firm NewDay said to prepare £1.7bn sale or float
Consumer credit firm NewDay Group - which is behind the Argos and John Lewis store cards - is reportedly kicking off preparations for a sale or stock market listing that could value it at more than £1. 7bn.
Derwent signs £4.5m of new leases
Derwent London said it had benefited from solid demand for high-end office space in the third quarter, as it secured a number of new leases.
Helios Towers lifts full-year outlook
Telecommunications infrastructure firm Helios Towers lifted its full-year outlook on Thursday as it posted an uptick in third-quarter adjusted EBITDA.
Thames Water class B bondholders submit £3bn financing offer - report
Embattled utility provider Thames Water's class B bondholders have reportedly tabled a fully underwritten offer to provide £3. 0bn of new debt.
Harbour Energy lifts FY hydrocarbon production target
Oil and gas company Harbour Energy upwardly revised its annual hydrocarbon production target on Thursday to reflect the completion of its Wintershall Dea acquisition back in September.
CRH shrugs off bad weather as sales, profits shine
Shares in CRH continued to climb on Thursday, as the building materials group shrugged off bad weather to post a jump in quarterly earnings.
Tate & Lyle hails return to volume growth as H1 profits rise
Tate & Lyle posted a rise in first-half pre-tax profit on Thursday as it hailed a return to volume growth.
Interim profits rocket at Trainline, shares spark
Trainline posted a surge in half-year profits and revenues on Thursday, after ticket sales across the UK and Europe steamed ahead.
Mobico on track to meet full-year profit guidance
Mobico said on Thursday that it was on track to meet profit guidance for the year amid continued growth in passenger demand.
BHP's Fundão agreement ratified by Supreme Court of Brazil
Mining giant BHP confirmed on Thursday that the agreement entered into between Public Authorities in Brazil and Samarco Mineração, BHP Billiton Brasil and Vale Shad been ratified by the Supreme Court of Brazil on 6 November.
'Challenging' market conditions hit sales, profits at Howdens
Howden Joinery Group warned annual profits would come in at the lower end of forecasts on Thursday, after "challenging" economic conditions and weak consumer spending dented sales.
Wizz Air H1 profits drop on aircraft groundings
Wizz Air reported a drop in first-half profit on Thursday as the budget airline was hit by engine-related aircraft groundings.
Hammerson raises stake in Southampton's Westquay shopping centre
Property development and investment firm Hammerson has acquired another 50% stake in Southampton shopping centre Westquay for £135. 0m, giving it a 100% interest in "a leading retail and leisure destination".
IMI confirms guidances after 'resilient' quarter
Engineering firm IMI said it remained on track to meet full-year targets on Thursday, following a “resilient” third quarter.
Wood Group announces independent review, shares crater
Wood Group shares were in freefall on Thursday as the oil services firm announced the launch of an independent review of its business that could lead to restatements and said third-quarter trading in its Projects segment was "disappointing".
National Grid H1 underlying profits grow despite modest revenue decline
Utility giant National Grid said on Thursday that underlying profits had grown in the six months ended 30 September despite reporting a modest decline in revenue.